Paying for a used car can be difficult, but with many options available to buyers today, it is certainly not outside the realm of possibility. In fact, the wide variety of payment plans and financing choices make it easier than ever to find ways of purchasing a used car. Drivers still have a lot of decisions to make, however, and they must be aware of their options so they can choose the right course of action.

According to the latest report from Experian Automotive, auto loans are still the most popular choice for buyers. Additionally, these loans are becoming easier to obtain, as the average credit score for these loans decreased in the fourth quarter of 2013 compared to the previous year.

“We are still seeing remarkable stability in the automotive finance industry, even as lenders continue to ease slightly on credit standards to provide loans and leases,” said Melinda Zabritski, senior director of automotive credit for Experian Automotive. “What makes this good news for consumers is that the more credit-challenged car shoppers who need a vehicle may find that they have more financing options to choose from and can more easily shop around for the best rates and terms.”

By the end of 2013, the average credit score for a used vehicle loan was 646. The average monthly payments for these pre-owned vehicles remained relatively stagnant from year to year as well, only rising $4 to $352, Experian Automotive reported.

Drivers shopping for used cars should head to New Jersey State Auto Auction. Not only does the lot have a wide selection of pre-owned vehicles to choose from, but it also has its own financing department that can help anyone searching for the best payment plan.